Jump to content
Sign in to follow this  

Coins to replace dollar bills for Christmas

Recommended Posts


Coins to replace dollar bills for Christmas

Heading for a piggy bank near you
Post Views: 333
One dollar banknotes will be in short supply in the Christmas shopping frenzy as  The National Bank of Panama will not be distributing them to banks from November 16.

The order is temporary, although no deadline for the lifting of the measure has been set.

The reason for the move is to boost the circulation of the Canadian minted commemorative Balboa  coins marking World Youth Day(WYD).

The Juan Carlos Varela administration ordered 36 million of them The coin which is not popular among users is usually referred to as a “Martinelli ” or by the more outspoken as a ladrone (thief), Piggy banks will likely be in big demand as overweighted purses and pockets are emptied.

Students of economics might be tempted  to quote Gresham’s Law: “Bad money drives out good”



Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Create New...